Virtual Currency Money Laundering Cases Mushroom Amid China’s Wealth Flight

Virtual Currency Money Laundering Cases Mushroom Amid China’s Wealth Flight
Bitcoin medals in Washington on June 17, 2014. Karen Bleier/AFP via Getty Images
Shawn Lin
Updated:
0:00
News Analysis

Multiple virtual currency money laundering cases have been occurring in China recently, involving vast amounts of money. Some industry insiders say this has been the mainstream way of capital flight from China for several years.

Shawn Lin is a Chinese expatriate living in New Zealand. He has contributed to The Epoch Times since 2009, with a focus on China-related topics.
Related Topics